Why Nevada?
So you have decided it's time to incorporate and in researching the process, you have most likely
run across many web sites promoting Nevada as the best State to incorporate in. But why is Nevada so great and
is a Nevada Corporation right for you?
Benefits of Nevada
At Nevada Business Services, we believe the primary reason to Incorporate in the State of Nevada is for
asset protection. The laws that the State has adopted have effectively created a corporate veil that
is the strongest in the nation. With the protection that a Nevada Corporation provides, you can ensure that your personal
assets remain safe.
In addition, Nevada has a fantastic corporate sturcutre which requires minimal filings to maintain your corporate entity.
In the majority of cases, Nevada Corporations file their Annual List, one time per year and thats it.
This means you spend more time running your business, and less time preparing and filing State documents.
Is Nevada Right for You?
In order to help you determine whether Nevada is right for you, we need to look at your specific situation. Below
you will find a list of questions we have found to be very beneficial in making this decision. And of course, if we can help
you in any way, please let us know.
Goals - What are the goals you would like to achieve by incorporating? Are you looking to limit your liability in
the event of a lawsuit? Are you trying to protect yourself, your partners, and/or your investors?
- If your goal is to limit your liability in the event of a lawsuit or to protect yourself and/or your partners
Nevada would be a great choice. The corporate veil in the State of Nevada is specifically designed to accomplish
this task.
Risk - What is your risk tolerance? How risk averse are you? How risky is your line of work?
- If you have a lower tolerance for risk, a Nevada Corporation
would also be a great choice for you because it will help to limit your personal liability.
In addition, if the industry you will be operating in has a history
of litigation, incorporating in Nevada would be a great way to protect yourself and your personal assets
upfront.
Cost - What is your budget for forming your corporation?
- While the cost of incorporating in Nevada is relatively inexpensive, it may be a bit more expensive
than incorporating in your home State. Be sure to take a look at our Get a Quote
page to ensure it is within your price range.